TCS Q3 results: Revenue beats expectations, yet profit falls short of estimates

Tata Consultancy Services, the country’s largest software exporter on Thursday reported an 8.2 per cent growth in net profit for the December quarter at 11,735 crore.

TCS Q3 results(Bloomberg)
TCS Q3 results(Bloomberg)

The company said its revenue for the reporting quarter grew 4 per cent to 60,583 crore driven by strong double-digit growth in emerging markets, led by India.

Meanwhile second-ranked Infosys missed third-quarter profit estimates. Smaller rivals Wipro and HCLTech are set to report their earnings on Friday.

This is a developing story. Please get back to check for updates.

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